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Revenue Forecast

All articles tagged with #revenue forecast

finance23 days ago•19 min saved

Sandisk slides after softer Q1 forecast despite Q4 beat

Sandisk’s stock fell after-hours as its Q1 revenue forecast of $10.3–$10.8 billion came up short of expectations (~$11.16 billion), even though fiscal Q4 revenue was $8.79 billion and adjusted EPS beat forecasts. The company also raised its buyback authorization by $14 billion, citing AI-memory demand as a growth driver from its 2025 spin-off from Western Digital. Tellingly, investors are weighing a softer near-term outlook against strong quarterly results and strategic AI memory initiatives.

via Yahoo Finance|

#adjusted-eps #buyback #finance

business1 month ago•2 min saved

Corning Slides 16% After Q2 Beat as Q3 Revenue Forecast Misses

Corning fell 16% after reporting Q2 results that beat earnings and revenue estimates, but issued a current-quarter core revenue forecast of $4.9–$5.0 billion below Wall Street expectations, sparking a broader selloff in optical-name stocks tied to AI data-center demand; the company highlighted growth in fiber optics and networking solutions and noted ongoing multi-year deals with hyperscalers such as Amazon.

via CNBC|

#ai-data-centers #business #corning

business1 month ago•2 min saved

ASML lifts forecast as AI chip demand sustains strong orders

ASML raised its full-year sales outlook to 43-45 billion euros with a 54-56% gross margin as AI-driven chip demand keeps orders extremely strong, and the company plans about 30% capacity expansion by 2026 across EUV and DUV segments, signaling sustained momentum into the second half despite broader market concerns.

via CNBC|

#ai-chips #asml #business

business4 months ago•3 min saved

7-Eleven to shutter hundreds of North American stores as it retools into wholesale fuel network

7-Eleven's North American unit plans to close 645 stores in fiscal 2026, more than the 205 it expects to open, with many closures tied to converting sites to wholesale fuel stores; Seven & i expects revenue to fall about 9.4% for the year as it shifts growth outside North America and boosts offerings like fresh food and 7NOW, under new CEO Stephen Hayes Dacus.

via ABC7 Los Angeles|

#7-eleven #business #north-america

technology6 months ago•7 min saved

OpenAI Lifts Revenue Outlook, Warns of Higher Cash Burn Through 2030

OpenAI raised its five-year revenue outlook by about 27% on stronger sales of ChatGPT subscriptions, AI models, and newer lines such as advertising and hardware, but warned that cash burn through 2030 will be higher than previously expected, driven by roughly $665 billion in running and training costs, effectively more than doubling prior burn estimates.

via The Information|

#2030 #ai #cash-burn

business8 months ago•2 min saved

Micron's Revenue Soars Amid AI-Driven Memory Demand and Earnings Expectations

Micron Technology exceeded Wall Street expectations with strong Q1 earnings and revenue, driven by high demand for AI-related memory and storage solutions, leading to a significant stock increase and optimistic outlook for the upcoming quarter.

via CNBC|

#ai-memory-demand #business #data-center

business9 months ago•1 min saved

CoreWeave's Revenue Growth Amid Data Center Delays Sparks Investor Concerns

CoreWeave's shares dropped nearly 9% after it reduced its annual revenue forecast due to delays with a key data center partner, despite strong demand for AI services. The company's margins are under pressure from rising infrastructure costs and competition, highlighting operational risks in the AI data center industry.

via Reuters|

#ai-infrastructure #business #coreweave

business9 months ago•1 min saved

CoreWeave's Shares Drop Amid Data Center Delay Impacting Revenue

CoreWeave's shares dropped 10% after delaying a key data center project, which led to a downward revision of its annual revenue forecast despite strong demand for AI services. The company faces margin pressures from rising infrastructure costs and competition, and has experienced operational risks in its AI data center expansion. Despite these challenges, it reported third-quarter revenue exceeding estimates, but its profit margins declined.

via Yahoo Finance|

#ai-services #business #coreweave

business9 months ago•2 min saved

Monday.com Shares Drop Despite Q3 Beat and Lowered Revenue Outlook

Monday.com reported strong third-quarter earnings that beat estimates, but its revenue guidance fell short, leading to an 18% stock plunge to a two-year low amid concerns over future growth and market expectations.

via Investor's Business Daily|

#business #earnings #mondaycom

business10 months ago•2 min saved

Oracle's Stock Volatility Reflects Uncertainty in AI and Cloud Growth

Larry Ellison's net worth dropped by approximately $24 billion after Oracle's shares fell about 7%, despite the company's optimistic revenue growth forecasts and bullish analyst targets, with Oracle's stock decline impacting Ellison's position as the second-richest person in the world.

via Forbes|

#business #larry-ellison #oracle

business10 months ago•4 min saved

Oracle's Cloud Growth Outlook Sparks Stock Rally

Oracle announced ambitious long-term revenue and earnings targets, projecting 31% annual revenue growth to $225 billion by 2030 and EPS of $21, but its stock fell over 2% premarket due to concerns about capital expenditure needs and financing for AI infrastructure expansion. Despite strong outlooks and partnerships, investors remain cautious about the company's funding strategies and the impact of increased capital spending on margins.

via Investor's Business Daily|

#ai #business #investment

business10 months ago•2 min saved

Oracle's Stock Rises Amid Cloud and AI Growth Outlook

Oracle's stock experienced volatility after clarifying its AI cloud server rental business's gross margin, which it states is 35% over a contract's life, contrasting with a recent report of 14%. The company raised its 2030 revenue forecast for Oracle Cloud Infrastructure from $144 billion to $166 billion, reflecting strong growth prospects, but its stock fell slightly after the announcement. Oracle also highlighted the financial impact of data-center expenses during rapid expansion and maintained optimistic long-term growth projections, driven by a large backlog including a significant contract with OpenAI.

via Barron's|

#ai-cloud #business #gross-margin

business10 months ago•2 min saved

Oracle Stock Rises on Cloud Revenue Outlook and Strategic Deals

Oracle clarified that its AI cloud server rental business has a 35% gross margin over the contract's lifetime, countering recent reports of a 14% margin, and raised its 2030 revenue forecast for Oracle Cloud Infrastructure from $144 billion to $166 billion, leading to a positive stock response despite some short-term fluctuations.

via Barron's|

#ai-cloud #business #cloud-margins

business11 months ago•2 min saved

Micron Surges on Strong AI Demand and Robust Earnings Outlook

Micron Technology forecasts first-quarter revenue above estimates, driven by strong demand for AI hardware and high-bandwidth memory chips, particularly HBM, with an optimistic outlook on margins and sales, amid a competitive landscape with SK Hynix and Samsung.

via Yahoo Finance|

#ai-demand #business #hbm

business11 months ago•2 min saved

Hyundai Expands U.S. Operations with $2.7B Investment in Georgia

Hyundai Motor has raised its revenue expectations for 2024 despite U.S. tariffs impacting its profit margins, and reaffirmed its growth plans to increase global sales to 5.55 million units by 2030, amid ongoing U.S.-South Korea trade tensions and a significant immigration raid at a Hyundai-LG battery plant in Georgia.

via CNBC|

#business #electric-vehicle-batteries #hyundai